Aviation Sector

'Blackmailing power can bring govt, DGCA to knees': Raghav Chadha flags 'duopoly' in aviation sector amid IndiGo row

Earlier today, the Delhi High Court disposed of a fresh public interest litigation (PIL) filed against IndiGo Airlines over mass flight cancellations and passenger hardship, holding that the issues raised are already under consideration in an earlier pending writ petition before the Court.

India’s aviation sector poised for major expansion: Union Minister Jitendra Singh

Union Minister Jitendra Singh said the government has been very forthcoming in engaging the private sector to the maximum extent.

India's aviation sector growing rapidly; govt expanding number of airports: Prez Murmu

President Murmu also said that around 1.5 crore people have flown in planes under the government's regional air connectivity scheme UDAN.

Bank lending to aviation sector fell 58% in 2024 on fall in new plane orders

Despite the lower borrowing seen in 2024 and the liquidation of two airlines in 2024, most bankers Moneycontrol spoke to were confident in the growth of the aviation industry, especially the growth of the country's two largest airlines, IndiGo and Air India.

Ministries at work to thrash out aviation revamp with tax cuts, regulatory relaxations: Report

The civil aviation ministry is focusing on regulatory relaxations and route allocation, while the commerce ministry aims to align the package with India’s trade goals and attract foreign investment.

Emirates, Lufthansa, other foreign airlines hit with Rs 10,000-crore GST notices: Report

The notices, sent over the past three days, pertain to unpaid taxes on the import of services by Indian branches from their head offices

Indian Aviation industry needs more efficient measures to achieve its sustainability goals

India's CO2 emissions are set to ratchet up in the coming years as it will experience the most significant increase in energy demand through 2040. The government with the aviation industry and entrepreneurs need to collaborate closely to achieve its sustainable goals

Bank lending to aviation sector surges 65% as airlines borrow more to fund lease contracts, hirings

A senior Air India executive said the price of monthly aircraft leasing contracts has recently risen nearly 1.5-2% compared to 2022, which led to higher borrowing when taking delivery of aircraft for domestic airlines

Chart of the Day: Rising government thrust to propel aviation sector

Rising affordability, improving connectivity with smaller cities and airport expansion are expected to fuel passenger traffic

Dreaded JAS quarter over, what next for aviation sector?

Passenger numbers have seen a 5% drop in Q2Y24, sequentially. In such a situation, who will be the first one to drop fares and go after loads and not yields? It looks the focus will shift back to business travel.

Air India's refurbishment plan indicates less of economy, more of premium

The idea behind the change is that the airline wants to increase its revenue, keeping its operating costs more or less the same. That is possible only with a premium offering.

Scindia unveils UDAN 5.2, says aviation sector fleet size has expanded 75% since 2013

The UDAN 5.2 programme and the HeliSewa app were launched by the minister in Khajuraho in Madhya Pradesh while inaugurating the 5th Helicopter & Small Aircraft Summit (Heli Summit 2023) and three Flight Training Organizations (FTOs).